SPH Notice – New Zealand Superannuation Fund Nominees Ltd

100080615/3821103.1
Disclosure of movement of 1% or more in substantial holding
or change in nature of relevant interest, or both
Sections 277 and 278, Financial Markets Conduct Act 2013
Note: This form must be completed in accordance with the instructions at the end of the
form.
To NZX Limited
and
To New Zealand King Salmon Investments Limited
Relevant event being disclosed: Disclosure of movement of 1% or more in substantial
holding
Date of relevant event: 3 April 2018
Date this disclosure made: 5 April 2018
Date last disclosure made: 23 March 2017
Substantial product holder(s) giving disclosure
Full name(s): New Zealand Superannuation Fund Nominees Limited as nominee for the
New Zealand Superannuation Fund being property of Her Majesty the Queen in right of
New Zealand and managed and administered by the Guardians of New Zealand
Superannuation (“NZSF”)
Summary of substantial holding
Class of quoted voting products: Ordinary Shares (ISIN: NZNZKE0003S0)
Summary for NZSF
For this disclosure,—
(a) total number held in class: 8,957,866
(b) total in class: 138,475,358
(c) total percentage held in class: 6.469%
For last disclosure,—
(a) total number held in class: 10,407,438
(b) total in class: 138,157,843
(c) total percentage held in class: 7.533%
Details of transactions and events giving rise to relevant event
Details of the transactions or other events requiring disclosure: Between 21 March 2017
and 3 April 2018, NZSF (through its internal equities portfolio) sold an aggregate of
255,000 ordinary shares in New Zealand King Salmon Investments Limited on-market for

100080615/3821103.1
aggregate consideration of $509,905. Between 21 March 2017 and 3 April 2018, NZSF
sold an aggregate of 1,194,572 ordinary shares in New Zealand King Salmon Investments
Limited on-market for aggregate consideration of $2,488,267 from its account managed by
Mint Asset Management Limited.
Details after relevant event
Details for NZSF
Nature of relevant interest(s): Beneficial owner of shares and/or power to control the
acquisition/disposal of, and voting rights attached to, shares

For that relevant interest,—
(a) number held in class: 8,957,866
(b) percentage held in class: 6.469%
(c) current registered holder(s): Unknown
(d) registered holder(s) once transfers are registered: New Zealand Central Securities
Depository Limited (for NZSF). Of these shares, 6.271% are within NZSF’s internal
equities portfolio and 0.197% are within NZSF’s portfolio managed by Mint Asset
Management Limited
For a derivative relevant interest, also—
(a) type of derivative: N/A
(b) details of derivative: N/A
(c) parties to the derivative: N/A
(d) if the substantial product holder is not a party to the derivative, the nature of the
relevant interest in the derivative: N/A
Additional information
Address(es) of substantial product holder(s): Level 12, Zurich House, 21 Queen Street
Auckland 1010, New Zealand

Contact details: David Sara
Ph: +64 9 300 6980
E-mail: dsara@nzsuperfund.co.nz

Name of any other person believed to have given, or believed to be required to give, a
disclosure under the Financial Markets Conduct Act 2013 in relation to the financial
products to which this disclosure relates: N/A

100080615/3821103.1
Certification
I, David Sara, certify that, to the best of my knowledge and belief, the information
contained in this disclosure is correct and that I am duly authorised to make this disclosure
by all persons for whom it is made.